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Select all the items that correct describe financial accounting. Check All That Apply It emphasizes decisions that affect the future of the department and company.It

Select all the items that correct describe financial accounting.

Check All That Apply

  • It emphasizes decisions that affect the future of the department and company.It emphasizes decisions that affect the future of the department and company.

  • It is focus is on historic financial information.It is focus is on historic financial information.

  • It is requried to follow GAAP or IFRS.It is requried to follow GAAP or IFRS.

  • It is focused on providing financial information about the department or segement.It is focused on providing financial information about the department or segement.

  • The financial information is more relevant to decision makers than verifiable.

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